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UTSL - Winning Bounce/Lag Momentum Stocks For Week 42 Of 2019 - 10/14-10/18
Direxion Daily Utilities Bull 3X Shares
This is a special contribution article by Prof. Grant Henning based on his published research on the BLM technical theory. The model, his trailing stop-loss approach, and comments are expressly based on his own proprietary methodology and forecasts in the references below.
Winning Bounce/Lag Momentum Stocks for Week 42 of 2019—10/14-10/18
The Bounce/Lag Momentum algorithm continues to be an effective stock-picking guide. It is essentially a numerical derivative of the ratio of the percentage bounce from the 52-week low to the percentage lag from the 52-week high. As such, it is a sensitive positive